Reply #46: Indeed. [View All]

[Robb]

This reminds me of those who screamed at the massive profits the drug companies stood to make on H1N1 vaccine. Yes, they were huge profits, but in the grand picture of the kind of huuuuuuge profits they see each year, vaccine was a drop in the bucket.

The "deny petroleum to China" meme may also have been true at one time as a strategy, but it's rather a lost cause. Ever since its batshit crazy old leader died, Turkmenistan has played the game quite well, and has made deals with China that have brought in the regional producers as well. "Deny petroleum to China" has been a strategic failure.